Georgia law extends insurance cancellation notice from 30 to 60 days and launches catastrophe savings accounts to help homeowners manage storm damage and insurance costs.
SureChoice reduces Louisiana homeowners insurance premiums due to declining reinsurance costs amid ongoing market challenges. State Farm proposes increases citing hurricane risks.
Explore essential guidance on flood insurance policies, claims documentation, coverage limitations, and how public and private insurers handle flood damage claims effectively.
Oklahoma investigations reveal State Farm's alleged strategy to reduce wind and hail insurance payouts, prompting lawsuits and potential Attorney General intervention.
A vandalism spree involving multiple homes raises complex issues for homeowners insurance claims and victim compensation. Legal and insurance industry challenges are emerging as victims seek restitution.
Colorado homeowners insurance rates increase due to escalating climate disasters. Rising premiums and reduced availability challenge the market. Learn about state regulatory efforts and market impact.
Louisiana Insurance Commissioner approves State Farm's 5.9% auto insurance rate decrease and 9.7% homeowners insurance increase, highlighting shifts in loss experience and hurricane risk modeling.
New York faces rising homeowners insurance premiums as insurers report higher profits amid extreme weather impacts nationwide, influencing coverage and costs.
The home insurance market is set to grow at an 8.32% CAGR through 2032, driven by increased climate-related property damage risks and advanced insurer analytics. Rising premiums and pricing volatility pose challenges amid expanding demand in North America, Europe, and Asia-Pacific.
State Farm will reduce auto insurance premiums by 5.9% for Louisiana policyholders in 2026 amid lower claim frequency and loss costs, while homeowners rates rise due to hurricane risk modeling.
